Disbursement and reporting

If we require the project to be fully financed, you must provide documentation in the form of a declaration from an auditor, financial institution, lawyer or authorised accountant. For equity contributions, the documentation must confirm that notice of the capital increase has been submitted to the Register of Business Enterprises. For subordinated loans, the loan agreement must contain terms that we can accept.

Your offer letter states the payment deadline you must meet. We set this deadline at three months after the project ends. If your project is delayed, contact us to apply for an extension. We cannot grant extensions indefinitely, and the offer may lapse if the payment deadline passes. You are responsible for keeping track of your payment deadlines.

We reserve the right to request information about the project's progress at any time.

To receive a grant from us, you must document the costs associated with the approved activities in the offer letter in project accounts reviewed by an auditor. If you are not subject to a statutory audit, an authorised accountant may review the project accounts. Read more about our requirements for audit procedures here.

If your company wishes, we can make advance and partial payments in line with the guidelines set out in the offer letter. To receive any payment, you must submit a payment request through My Page/Online Banking.

In many cases, we allow a partial payment once you have completed 50% of the project. Offer letters issued up to 7 April 2026 state that partial payments require project accounts reviewed by an auditor in accordance with ISRS 4400. Under new guidelines effective from this date, we waive this requirement for partial payments. This means that you can request a partial payment by submitting project accounts that have not been reviewed by an auditor or authorised accountant. Please note that you must still arrange an audit review in accordance with the latest guidelines published on our website: https://www.innovasjonnorge.no/artikkel/kontrollhandlinger.

At the end of the project, you must provide project accounts reviewed by an auditor or authorised accountant in accordance with the requirements set out at https://www.innovasjonnorge.no/artikkel/kontrollhandlinger. You must also submit a written final report describing the planned and completed activities, the results achieved and an assessment of the benefits.

Any excess grant funding you have received that cannot be documented in accordance with the requirements above must be repaid.

Request payment and submit your final report on My page (sign in with BankID).

Select Online banking from the top menu. From Account overview, you can select either Start payment request or Start final report. To receive the final grant payment, you must submit both a payment request and a final report, as specified in the offer letter.

Important information! To view information in Online Banking, you must have a registered role in the Brønnøysund Register Centre. You cannot give other people, such as auditors, accountants or project managers, access to the page.

Read more: Frequently asked questions

We can pay up to 30% of the grant in advance once you have accepted the offer, met any special conditions and started the project. Once your company provides project accounts showing that it has incurred at least 50% of the total project costs, we can pay a further 50% of the grant. We will withhold at least 20% of the total grant until you have completed the project and submitted a final report and project accounts verified by an auditor or authorised accountant.

We can pay up to 50% of the grant in advance once you have accepted the offer, met any special conditions and started the project. Once you provide project accounts showing that you have incurred at least 50% of the total project costs, we can pay a further 30% of the grant. We will withhold at least 20% of the total grant until you have completed the project and submitted a final report and project accounts verified by an auditor or authorised accountant.

We pay the grant in two instalments: the first 50% when you accept the offer, and the remaining 50% at the end of the project. To receive the final payment, you must submit a written request together with the final report, project accounts and supporting documentation (invoices for costs). If you have more than three invoices, create an invoice summary and combine all the invoices into a single document. Submit the documents via My page/Online banking.

As a general rule, loans for investments can only be disbursed once the investment has been completed, unless we have specifically agreed otherwise. Please note that we cannot disburse the loan until your company has assumed responsibility for the debt, the relevant security is in place and all conditions have been met.